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What is Cyprus permanent residency by investment?
The Immigration Permit for Investors under Regulation 6(2) is available to non-EU citizens who make a qualifying investment in the Republic of Cyprus. Permanent residency in Cyprus does not constitute EU citizenship or the right to freely reside and work in other EU countries.
Four investment categories
| Category | Investment from €300,000 |
|---|---|
| House/apartment | First-time sale from a developer; VAT excluded. |
| Other real estate | Offices, shops, hotels, or suitable properties; resale allowed. |
| Corporate capital | Operating business with a physical presence in Cyprus and at least 5 employees. |
| Investment funds | Fund units of AIF, AIFLNP, or RAIF types meeting regulatory requirements. |
Applicant requirements
A minimum secured annual income of €50,000 is required, increasing by €15,000 for a spouse and €10,000 for each dependent minor child. You must prove the source of investment funds transferred from abroad, provide a clean criminal record, and maintain required insurance. Acceptable sources of income depend on the investment category; specific documentation must be verified.
Family and work rights
A spouse and dependent children may be considered under separate criteria. Adult children are not automatically included like minor children. The right to work is not granted automatically; specific regulations apply if acting as a director of an investment company.
Maintaining permanent residency
You must maintain the qualifying investment and fulfill proof requirements according to current guidelines. Successful applicants living outside Cyprus must establish residence within one year of approval; an absence of two years may invalidate the permit. Adult cards are valid for 10 years and must be renewed upon expiry, while the right to residency is indefinite provided eligibility criteria continue to be met.
Preparation process
- Review family, source of funds, income, and investment objectives.
- Select an asset category; conduct independent legal due diligence before committing.
- Prepare transactions, payment documents, and translated/certified documents as required.
- Submit the application, provide biometrics, and respond to immigration authority requests.
Purchasing a home or reaching the investment threshold does not guarantee application approval. Processing time depends on the application and the reviewing authority.
KeyApply assists in exploring investment options and preparing initial information; legal content, contracts, and filings in Cyprus require authorized professionals to manage within their scope of certification.
The prices shown are not the total capital investment or total application fees. Taxes, legal fees, government charges, and services are confirmed separately.
Government guidance: Immigration Permits for Investors.
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